Peru: Working population in Lima totals 4.9 million people in Jan-Mar 2022

10:16 | Lima, Apr. 16.

The working population in Lima Metropolitan Area totaled 4.921 million people in the first quarter of this year, an increase of 19.5% (804,000 people) over January-March in 2021, 2% (97,100 people) over the same quarter in 2020, and 1.9% (91,400 people) compared to the same period in 2019, the National Institute of Statistics and Informatics (INEI) said on Saturday.

According to the technical report "Performance of Labor Market Indicators in Lima Metropolitan Area" —prepared with the Permanent Employment Survey (EPE) results— the population with adequate employment increased 36.2% (722,500 people) compared to the same quarter in 2021, but it declined 7.5% (-219,700 people) and 11.1% (-340,600 people) over the same quarter in 2020 and 2019, respectively.

On the other hand, the number of underemployed people increased 3.8% (81,600 people). When compared to the first quarter of 2020 and 2019, the number of underemployed people grew 16.8% (316,800 people) and 24.4% (432,100 people), respectively.

Moreover, the working female population in Lima Metropolitan Area increased 23.4% (415,000 people), while the working male population rose 16.6% (389,100 people), when compared to the first quarter in 2021.

Likewise, in the first quarter of this year, employment of the young population under 25 years of age grew 31.1%, compared to the same quarter in 2021, followed by the population aged 45 and over (27.5%) and the working population aged between 25 and 44 years (11.3%).

Unemployment rate

The INEI reported that the unemployment rate in Lima Metropolitan Area was 9.4% between January and March this year, 5.9 percentage points lower than that in the same quarter of 2021 (15.3%).

However, when compared to the same quarter of 2020 (7.8%), such rate was 1.6 percentage points higher. An estimated 511,300 people were actively seeking employment during said period.

(END) NDP/CAN/RMB

Published: 4/16/2022